Texas Instruments Says Demand
In Asia Improved in 4th Quarter

Dow Jones Newswires

Updated Dec. 30, 1998 5:19 p.m. ET

SINGAPORE -- Texas Instruments Inc. said the Asian semiconductor market contracted about 10% this year in revenue terms, but demand picked up in the fourth quarter and is likely to sustain itself into the next quarter.

Larry Tan, vice president of sales/marketing for TI Asia, said it was hard to say whether the market has bottomed out, but the company is seeing growth in the fourth quarter compared with a year ago. Demand for TI's...